It’s official: FHA was just given authority to change the amount charged to borrowers for both the Up Front and the Annual Mortgage Insurance premiums…and change them they did.
When a homebuyer is purchasing a residential property, the seller is required to provide them with a Seller’s Disclosure Statement to detail any pre-existing conditions. Now, the million dollar question is whether or not everything in the disclosure statement is 100% true. Is it fact or fiction?
Consider that the homeowner is (more…)